Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $895 (2025).

What school district is this property in?

This property is in the 2752 - Fairmont Area Schools school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 31 days.

Listed at

$99,000

$66/sqft

Goulds

701 E 1st Street, Fairmont, MN, 56031

3 Bedrooms2 Bathrooms1,506 Square Feet0.14 Acres

Days on market31

Year built1920

Garage spaces2

TypeResidential

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About this home

Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1920

LevelsTwo

Living area1,506 sqft

Above-grade finished1,506 sqft

Below-grade finished0 sqft

Lot size0.14 acres (50 x 132)

Days on market31

ListedApr 3, 2026

MLS #NST7049080

CountyMartin

SubdivisionGoulds

Parcel #231220420

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Property

Levels / stories: Two
Garage: 2 spaces
Parking features: Detached Garage
Exterior features: Aluminum Siding
Lot size: 0.14 acres
Lot dimensions: 50 x 132

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 572 sqft
Roof: Asphalt
Year built: 1920

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, Fuses

Community & HOA

Subdivision: Goulds
HOA: No HOA
School district: 2752 - Fairmont Area Schools
High school district: Fairmont Area Schools

Financial & listing details

Annual tax: $895 (2025)
Tax with assessments: 964
Listed: Apr 3, 2026
Days on market: 31 · 16 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementBlock, Unfinished

HeatingForced Air

CoolingCentral Air

LaundryIn Basement

AppliancesDryer, Gas Water Heater, Range, Refrigerator, Washer

DiningLiving/Dining Room

AccessibilityNone

Exterior & lot

ExteriorAluminum Siding

RoofAsphalt

FoundationBlock

Foundation area572 sqft

Lot featuresCorner Lot

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces2

Garage size0 sqft

Financial details

Annual taxes$895

Tax year2025

Taxes w/ assessments964

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2752 - Fairmont Area Schools

District number2752

District phone5072384234

High schoolFairmont Area Schools

SODL flat fee brokerage

$0Estimated buyer credit

SODL platform fee $2,970Your buyer credit $0

Buyer-side commission

3.0%

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When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Estimated monthly payment

$628/mo

Principal & interest$520

Property taxes$75

Home insurance (est.)$33

Down payment

$19,800

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.